$1000 Invested In This Stock 15 Years Ago Would Be Worth $7,800 Today
Portfolio Pulse from Benzinga Insights
STMicroelectronics (NYSE:STM) has delivered an average annual return of 14.59% over the past 15 years, outperforming the market by 2.6% annually. A $1000 investment in STM 15 years ago would be worth $7,795.67 today. The company currently has a market cap of $45.36 billion.
December 19, 2023 | 6:30 pm
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STMicroelectronics has shown strong performance with a 14.59% average annual return over 15 years, turning a $1000 investment into $7,795.67.
The historical performance of STMicroelectronics is impressive, but past performance does not guarantee future results. The information is retrospective and may not have a direct short-term impact on the stock price. However, it does highlight the company's strong track record, which could positively influence investor perception.
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